0:17
/
41:17
Transcript
0:30
SPEAKER 1
Welcome back to the Bureau podcast. And again, I'm welcoming Chris Meyer from Wide Fountain. You know that we've done a number of deep investigative conversations on his academic scenologist-based research into... Chinese political networks and how they get up to infiltrating governments around the world. And very often it's through trade and the espionage and political leverage that
0:57
stems from trade. And so that is the topic today I'm going to throw over to Chris. I've done a couple of, I would say, one exclusive and one recent based off a U.S. government indictment on how organized crime has infiltrated trade. So Chris is going to interrogate me on these issues and we'll see where the
1:18
connective thinking goes on both of our research on this.
1:22
SPEAKER 2
All right. So good to see you here, Sam. And what I'd like to do is revisit a March post that you have on Substack that was, to my mind, it was one of your epic pieces of journalism. I mean, there are many, but this was a very kind of groundbreaking podcast.
1:43
article that you wrote and i would just love you to reset that that piece for the listeners and then we'll bring it into what what you've been doing today more

Cartels, Triads, and Trade-Based Money Laundering—From Pemex to Vancouver Casinos

In this episode of The Bureau Podcast, investigative journalist Sam Cooper sits down with Chris Meyer of WideFountain to trace the stunning global patterns of cartel, Triad, and Chinese Communist Party–linked networks penetrating legitimate trade structures to launder narcotics proceeds and move fentanyl and meth invisibly around the world.

Together, they examine how cartels and Chinese Triads exploit commodities, corporate shells, and international trade routes—controlling entire sectors like oil, seafood, and luxury goods—as part of a new hybrid criminal statecraft that links Mexico, Canada, China, and beyond.

The Bureau is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

Key Themes in This Episode

  • Cartel Oil Corruption in Mexico
    We break down a new U.S. indictment from Houston, charging Mexican nationals with bribing officials at Pemex. Documents suggest the scheme is one piece of a vast conspiracy in which cartels steal and smuggle crude oil across the U.S. border, refine it, and sell it globally—while laundering fentanyl and meth profits through the same pipelines of trade.

  • Casino Intel: Triads & Cartels in Vancouver
    A classified Canadian source revealed explosive evidence seized from an underground Richmond mansion casino, where a Triad operative’s phone exposed over a thousand messages with Mexican cartel counterparts. Beyond drug logistics, the communications showed how these groups use commodities—everything from avocados and limes to geoduck clams and lobsters—to wash dirty money through trade-based laundering.

  • Historic Parallels: The Lai Changxing Smuggling Empire
    Cooper and Meyer revisit the case that first brought them together—Lai Changxing’s notorious Xiamen-based smuggling syndicate. At its core, Meyer argues, Lai’s contraband empire was not just about oil, narcotics, and luxury goods, but a covert PRC military intelligence operation. The parallels to today’s cartel-Triad partnerships are striking.

Why It Matters

  • Trade-based money laundering (TBML) has become the central node where narcotics, corruption, and geopolitics converge.

  • The same methods that once fueled Lai Changxing’s empire now enable Mexican cartels and Triads to move fentanyl proceeds at scale, under the radar of Western regulators.

  • With governments often paralyzed or complicit, these networks function as a “shadow state” embedded in legitimate economies—from Vancouver real estate and casinos, to Mexican energy, to global shipping routes.

    The Bureau is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

Discussion about this video

User's avatar
Carol McKissock's avatar

Much like the Hell's Angels in BC 30 years ago when they began to launder their dirty money through legitimate businesses, now the Cartels and triads are going legitimate to cover their tracks. Once international trade is completely subverted the criminal ownership will be complete. People like Carney, Eby and others in Canadian politics have been captured so there is no surprise to find that bureaucrats in the US and Canada have been bribed and captured by these criminals. There is no end to corruption in the world. Is Canada negotiating with China behind the scenes? Carney seems to prefer to do thing in a clandestine manner.

Expand full comment
Sydney Hedderich's avatar

So, I'm listening to this superb overview of the Pemex connection to Triads and I thought I'd mention a small detail, Sam. It's "Jalisco", pronounced Hahleesco. (Vowels have a singular staccato sound.)

Expand full comment
Vicki's avatar

Hi Sam - Ron - Angry Mortgage Podcast - mentioned you today in regard to The Vancouver Model. Let's End Mortgage Fraud. Special Guest Lauren van den Berg President & CEO at Mortgage Professionals Canada. Why ending Mortgage Document Fraud is so important to Housing & to Canada. Why did the Government say they would act 14 months ago but we still don't have a solution. MPC had been an eternal advocate for CRA Linkage to end Mortgage Document Fraud Ron & Lauren break down the issues. Will CRA Act? https://www.youtube.com/watch?v=Fb7lxfPkNck

Expand full comment
Derryck Smith's avatar

We now know what the problem is. What is the solution?

Expand full comment
Jan's avatar

That’s what we’re all wondering.

Expand full comment
MamaMac's avatar

All the facts and evidence snd not even that stops this why is that?

Expand full comment
1:43
article that you wrote and i would just love you to reset that that piece for the listeners and then we'll bring it into what what you've been doing today more